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CFPB seeks increased lending to "credit invisible" borrowers

The Consumer Financial Protection Bureau is joining the growing chorus of groups trying to expand access to credit for consumers who lack enough credit history to obtain a credit score, also known as the credit invisible. During a field hearing in Charleston,…

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New York unveils final cybersecurity regulations

Last year, the state of New York announced a series of sweeping regulations that require banks, insurance companies, and other financial services companies to significantly increase their cybersecurity programs. The rules are set to take effect on March 1, 2017,…

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Housing starts begin year slightly lower

While last year posted the best year for housing starts since 2007, this year did quite keep up the trend. Looking at the latest release from the U.S. Census Bureau and the Department of Housing and Urban Development, housing starts…

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Senate Republicans unveil bill to rein in CFPB spending

The sharks swimming around the Consumer Financial Protection Bureau now appear to smell blood in the water. Now, those who defend the CFPB face another battle, as several Senate Republicans unveiled a bill this week that would give Congress oversight…

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Home Prices Climb in Unseasonable Winter

It has been an unseasonably hot winter in housing as home prices hike higher, according to Clear Capital’s recently released Home Data Index (HDI) report, showing national quarterly home price growth at 0.9 percent. Regional quarterly price growth, per the…

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